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LINATEX

Active
Private limited companyfounded 2003active for 23 yearsHof ter Heidelaan 38, 2660 Antwerpen, BelgiumKBO/BCE: BE 0480.474.751
Summary

The computed 12-month bankruptcy probability of LINATEX is 5.0% (elevated). The 2024 annual accounts show negative equity (-€43,122) and a net result of -€112,001. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 13% of 25,566 sector peers (NACE 47, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 02-06-2003 Normal situation
Activity
Retail sale of household textiles and bedding NACE 47512and 1 other
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2024
Establishment unit
2.164.479.972 2060 Antwerpen, since 20-08-2007
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2024
Gross margin
-€33,128
Loss
€112,001
▲ 152×
Equity
-€43,122
Total assets
€99,807
▼ 53.7%
Employees on 31-12-2024
2
=
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 94 days past the deadline
Turnover not published (micro format)
Filed on 31-12-2025
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts lateLoss of €112,001, the second in a row (financial year 2024)lowers riskFounded in 2003Size: total assets €99,807Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 5% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Weak
Solvency 0-57
equity -43.2% of total assets
Liquidity 1-14
short-term debt 143.2% · cash 0.8%
Profitability 0-43
return on assets -112.2%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.9% 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025lowest value 04-2025: 3.0%▲ +0.1 percentage points vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.7%▲ +0.7 percentage points vs 07-2025 09-2025: 4.4%▲ +0.7 percentage points vs 08-2025 10-2025: 6.2%▲ +1.8 percentage points vs 09-2025 11-2025: 6.5%▲ +0.3 percentage points vs 10-2025 12-2025: 7.4%▲ +0.9 percentage points vs 11-2025 01-2026: 11.4%▲ +4.0 percentage points vs 12-2025highest value 02-2026: 9.0%▼ -2.4 percentage points vs 01-2026 03-2026: 8.8%▼ -0.2 percentage points vs 02-2026 04-2026: 9.0%▲ +0.2 percentage points vs 03-2026 05-2026: 8.7%▼ -0.3 percentage points vs 04-2026 06-2026: 8.4%▼ -0.3 percentage points vs 05-2026 07-2026: 8.4%● unchanged vs 06-2026 08-2026: 8.5%▲ +0.1 percentage points vs 07-2026 09-2026: 8.5%● unchanged vs 08-2026 10-2026: 5.0%▼ -3.5 percentage points vs 09-2026 11-2026: 5.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.65 (1.4 in 2023), below 1. Short-term debt is 143.2% and cash 0.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 3% on liquidity, 6% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Loss of €112,001, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €99,807
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€43,122
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 153 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
153 days late
2023
71 days late
2022
66 days late
2021
59 days late
2020
88 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 78 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€43,122 View
  • Caution: Result fell in 2024from -€735 to -€112,001 ▼ 15,138% View
  • Caution: Lower net result than 95% of companies in retail tradesector median €4,565 · 25,542 companies -€112,001 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€112,001 View

Recent changes

  1. · Gazette deed Registered office moved from Antwerpen to Hoboken
  2. · Gazette deed Change of role: Erhan Sevket AYDEMIR, from manager to gewone bestuurderResignation: Esra AYDEMIR (manager)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LINATEX: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €52,800 and €175,000, founded between 1999 and 2005.

CompanyTotal assetsGross margin
LINATEX Antwerpen€99,807-€33,128
G.A.L.A. La Louvière€127,328-€4,901
DOLCE KIDS & WOMEN Aalst€76,812-€1,941
FERRAN-MIESSE Waterloo€133,685-€37,080
DEPECHE Aarschot€161,307-€22,812
FrameTech Hasselt€52,765-€5,660
FRANSSEN DAMES-, HEREN- & KINDERKLEDING Maasmechelen€174,660-€9,692
Full comparison

Key facts about LINATEX

What is the company number of LINATEX?
The company number of LINATEX is 0480.474.751. The VAT number is the same number with BE in front: BE 0480.474.751.
Where is LINATEX based?
The registered office is at Hof ter Heidelaan 38, 2660 Antwerpen.Company details
What does LINATEX do?
According to the KBO register, the main activity is retail sale of household textiles and bedding (NACE 47512).
What is the legal form of LINATEX?
The legal form of LINATEX is Private limited company (BV).
When was LINATEX founded?
LINATEX was founded on 02-06-2003.
Is LINATEX still active?
Yes, LINATEX is an active enterprise in the KBO register.
How many employees does LINATEX have?
LINATEX had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does LINATEX fall under?
In its 2024 annual accounts, LINATEX states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of LINATEX?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
Is LINATEX profitable?
In financial year 2024, LINATEX made a loss of €112,001.
Where can I find the annual accounts of LINATEX?
LINATEX filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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